News stories about WPX Energy (NYSE:WPX) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. WPX Energy earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the oil and gas producer an impact score of 46.3403742932748 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
WPX Energy (NYSE WPX) traded down $0.23 during trading hours on Friday, reaching $12.64. The company had a trading volume of 6,781,700 shares, compared to its average volume of 7,528,813. WPX Energy has a 1 year low of $8.39 and a 1 year high of $16.17. The company has a current ratio of 1.02, a quick ratio of 0.95 and a debt-to-equity ratio of 0.73.
WPX Energy (NYSE:WPX) last released its earnings results on Wednesday, November 1st. The oil and gas producer reported ($0.10) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. The firm had revenue of $224.00 million for the quarter, compared to analyst estimates of $334.38 million. WPX Energy had a negative return on equity of 15.34% and a negative net margin of 66.96%. WPX Energy’s revenue was down 10.8% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.17) earnings per share. sell-side analysts anticipate that WPX Energy will post -0.48 earnings per share for the current fiscal year.
WPX has been the topic of several research analyst reports. Stifel Nicolaus set a $19.00 price objective on WPX Energy and gave the stock a “buy” rating in a research note on Thursday, October 26th. BidaskClub upgraded WPX Energy from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. J P Morgan Chase & Co reiterated an “overweight” rating and issued a $17.00 target price (up from $16.00) on shares of WPX Energy in a research note on Thursday, August 24th. SunTrust Banks, Inc. set a $14.00 target price on WPX Energy and gave the company a “buy” rating in a research note on Wednesday, November 1st. Finally, Barclays PLC set a $10.00 target price on WPX Energy and gave the company a “hold” rating in a research note on Friday, August 4th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and seventeen have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $15.61.
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In related news, insider Clay M. Gaspar sold 35,000 shares of WPX Energy stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $10.48, for a total transaction of $366,800.00. Following the transaction, the insider now directly owns 506,326 shares of the company’s stock, valued at $5,306,296.48. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.40% of the stock is owned by insiders.
About WPX Energy
WPX Energy, Inc is an oil and natural gas exploration and production company. The Company is engaged in the exploitation and development of unconventional properties. It operates in the exploration and production segment of the oil and gas industry and its operations are conducted in the United States.
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